BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. (“Anaergia” or the “Company”) (TSX: ANRG) announced today it has released its 2021 Sustainability (ESG) Report. The Company completed its initial public offering in June of last year. The report highlights Anaergia’s ESG achievements for 2021, including a net total of 465,000 tonnes (CO2e) of greenhouse gas emissions that Anaergia projects helped avoid, which is about 41 times more than what the Company’s operations produced. The analysis includes estimated emissions avoided at facilities under Anaergia’s operational control, as well as third-party facilities commissioned since 2010 that operate using Anaergia’s technologies at design specification. The report also includes an overview of Anaergia’s social and governance practices.
“Our inaugural report is focused on the ‘E’ in ESG, naturally, because our Company was created to address the climate crisis,” said Andrew Benedek, Chairman and CEO of Anaergia. “This report quantifies the effects of Anaergia’s technologies and projects, which address a leading cause of climate change – the problem of methane emissions from waste. We are turning this methane emissions problem on its head. Instead of allowing waste to cause climate change, we are using it to create a much-needed carbon-negative renewable fuel. Doing so can address about two-thirds of all point-source methane emissions.”
Other highlights from the report include:
Installed capacities since 2010:
- Approximately 8 million tonnes per year of feedstock processing capacity
- 5 million MMBtu per year of renewable natural gas (RNG) production capacity
- 134 megawatts of renewable electricity generation capacity
Note: These capacities include Anaergia Build-Own-Operate (BOO) facilities that are in operation and in execution, as well as third-party facilities commissioned since 2010 that use Anaergia’s technology solutions at design specification
- Invested nearly $400 million in clean energy infrastructure globally to date
- Created 91 green jobs in 2021
- Adopted seven new governance policies and codes
The report can be viewed and downloaded from the Company’s website via https://investors.anaergia.com/sustainability/.
Anaergia was created to eliminate a major source of greenhouse gases by cost effectively turning organic waste into renewable natural gas (“RNG”), fertilizer and water, using proprietary technologies. With a proven track record from delivering world-leading projects on four continents, Anaergia is uniquely positioned to provide end-to-end solutions for extracting organics from waste, implementing high efficiency anaerobic digestion, upgrading biogas, producing fertilizer and cleaning water. Our customers are in the municipal solid waste, municipal wastewater, agriculture, and food processing industries. In each of these markets Anaergia has built many successful plants including some of the largest in the world. Anaergia owns and operates some of the plants it builds, and it also operates plants that are owned by its customers.
This news release contains forward-looking information within the meaning of applicable securities legislation, which reflects the Company’s current expectations regarding future events, including statements relating the ability of our technologies and project to address about two-thirds of all point source methane emissions and our business plans, growth strategies and ESG initiatives. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control. Such risks and uncertainties include, but are not limited to, the factors discussed under “Risk Factors” in the Company’s annual information form dated March 28, 2022 for the fiscal year ended December 31, 2021. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.
For further information please see: www.anaergia.com
Source: Anaergia Inc.